Honeywell acquires SaaS solutions provider Sine Group

Honeywell announced that it has acquired Sine Group, an Adelaide, Australia-based technology and software as a service (SaaS) company that provides visitor management, workplace and supply chain solutions that are readily accessible with mobile devices. Terms of the deal were not disclosed.

Sine’s technologies will support a cloud-based mobile platform for Honeywell Forge, Honeywell’s enterprise performance management offering, and Sine’s software will augment Honeywell’s Connected Buildings offerings with expanded safety, security and compliance capabilities, the company said in a statement.

Honeywell will also expand on Sine’s features and solutions and make Sine’s offerings available to more customers, globally, it added.

“Sine’s innovative and intuitive self-service software, combined with Honeywell Forge, will enable our customers to return to work and help keep their employees and customers safe,” said Que Dallara, president and CEO, Honeywell Connected Enterprise. “We will leverage Sine’s technological know-how and expertise to create a mobile extension of Honeywell Forge while also substantially enhancing our Connected Buildings offerings to enable even greater levels of safety and productivity for building occupants and their guests.”

“The combination of Sine’s visitor management software and Honeywell’s enterprise performance management software is a powerful one for businesses globally,” said Antony Ceravolo, founder and chief executive officer of Sine. “Sine’s solutions will bolster Honeywell’s capabilities to help organizations operate more efficiently and safely. Sine will benefit from Honeywell’s global scale and buildings management expertise. Together, with an accelerated roadmap, we will deliver a deeper set of solutions globally, while continuing to grow our ecosystem of partners and third-party integrations.”

Honeywell is a Fortune 100 technology company that delivers industry specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally.

+ posts

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.

What's your take on this post ? Comment: